FBS

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Leverage1:3000
Minimum Deposit$1
RegulationCySEC, IFSC, ASIC
Year Established2009
Payment MethodsBank Transfer, Credit/Debit Cards, Skrill, Neteller, Perfect Money, Sticpay
Trading AssetsForex, Indices, Shares, Commodities, Cryptocurrencies
MT4
MT5
SpreadsExtremely Low
Average cost: EUR/USD0.3 pips
Demo Account
Islamic Account
CopyTrading
ZuluTrade
ScalpingYes
Signals
EAs/RobotsAvailable
Negative Balance ProtectionYes
Deposit Fee
Withdrawal Fee
Contact InformationEmail: support@fbs.com, Phone: +44 203 807 1942
Address3rd Floor, 211 Old Street, London, EC1V 9NR, United Kingdom
Rating★★★★☆ 4.5
Website
Table of Contents show

Pros and Cons

Pros
  • High leverage options
  • Extremely low spreads
  • Wide range of payment methods
  • Support for MT4 and MT5
  • Strong regulation
Cons
  • No support for ZuluTrade
  • Limited educational resources
  • Not available in all countries
  • Occasional delays in withdrawal processing
  • High leverage can be risky for beginners

Comprehensive Review of FBS

In the rapidly evolving world of online trading, selecting the right broker can be the cornerstone of a trader’s success.

FBS, established in 2009, has become one of the prominent names in the forex and CFD trading industry.

With millions of clients in over 190 countries, the broker is renowned for its competitive trading conditions, diverse account types, and innovative tools tailored to various levels of traders.

This comprehensive review delves into the critical aspects of FBS, providing a detailed examination of its services, platforms, fees, and much more, ensuring you have all the information needed to make an informed decision.

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Company Overview

History and Background

Founded over a decade ago, FBS quickly positioned itself as a leading player in the online trading industry.

The company’s rapid growth can be attributed to its client-centric approach, offering favorable conditions, cutting-edge technology, and a broad range of educational resources.

The broker’s success is marked by its significant global presence, catering to a diverse client base across continents, and its dedication to localizing its services to meet the specific needs of customers in different regions.

Regulatory Environment and Safety of Funds

Regulation is a crucial factor when evaluating any broker, as it ensures that the company adheres to strict financial standards and provides a level of protection for clients’ funds.

FBS operates under the oversight of several reputable regulatory bodies:

  • CySEC (Cyprus Securities and Exchange Commission): This regulatory body governs its operations in Europe, ensuring compliance with the Markets in Financial Instruments Directive II (MiFID II), which aims to enhance transparency, increase investor protection, and foster a more integrated financial market across the EU.
  • IFSC (International Financial Services Commission of Belize): While less stringent than CySEC, the IFSC still enforces rules that protect clients, particularly focusing on financial reporting and fund security.
  • ASIC (Australian Securities and Investments Commission): Known for its rigorous standards, ASIC ensures that FBS operates transparently and maintains a high level of integrity in its dealings with clients.

These regulatory bodies require the broker to maintain segregated accounts, ensuring that client funds are kept separate from the company’s operational funds.

This practice protects clients’ investments in the event of the broker’s financial difficulties.

Additionally, participation in investor compensation schemes under CySEC provides an extra layer of security, compensating eligible clients if the broker fails to meet its financial obligations.

Global Reach and Market Presence

Over the years, FBS has expanded its reach to over 190 countries, a testament to its global appeal.

The broker’s success in various markets is largely due to its ability to adapt to the local needs of its clients.

By offering multilingual support, region-specific promotions, and localized payment methods, FBS ensures that its services are accessible and relevant to traders worldwide.

This approach has earned the broker numerous accolades, including “Best Forex Broker Asia” and “Best International Forex Broker,” solidifying its reputation as a global leader in the forex and CFD trading industry.

Trading Platforms

One of the core aspects that define a broker’s utility is the quality and versatility of its trading platforms.

FBS offers a suite of trading platforms, ensuring that both beginners and seasoned traders have the tools they need to succeed.

MetaTrader 4 (MT4)

MT4 remains one of the most popular trading platforms in the world, particularly favored for forex trading.

It offers an array of features that make it suitable for participants of all skill levels:

  • Intuitive Interface: The platform’s user-friendly interface is designed to make trading straightforward, even for beginners.
  • Advanced Charting and Analysis Tools: MT4 provides multiple chart types, nine timeframes, and over 50 built-in technical indicators. These tools are essential for performing in-depth market analysis.
  • Automated Trading with Expert Advisors (EA): MT4 supports automated trading, allowing anybody to develop or download Expert Advisors that can execute trades based on pre-set criteria.
  • Secure Trading Environment: MT4 uses 128-bit encryption to secure data exchange between traders and servers, ensuring that transactions and personal information remain protected.

MetaTrader 5 (MT5)

As the successor to MT4, MT5 builds on its predecessor’s strengths while introducing new features that cater to more advanced trading strategies:

  • Broader Asset Coverage: MT5 supports a wider range of asset classes, including stocks, commodities, indices, and cryptocurrencies, making it a more versatile platform for multi-asset trading.
  • More Timeframes and Chart Types: MT5 offers 21 timeframes and more chart types, providing traders with greater flexibility in analyzing market trends.
  • Integrated Economic Calendar: The platform includes an economic calendar that provides real-time updates on economic events that can impact the markets, allowing investors to stay informed and plan their trades accordingly.
  • Enhanced Order Management: MT5 introduces more order types, including “Buy Stop Limit” and “Sell Stop Limit,” which give traders more options in executing their strategies.

FBS Trader

For users who prefer managing their investments on the go, the proprietary FBS Trader app provides a convenient solution:

  • Mobile-Friendly Interface: Designed with mobile users in mind, the app offers a streamlined interface that is easy to navigate.
  • Access to a Wide Range of Assets: The app supports trading in forex, stocks, commodities, and cryptocurrencies, allowing traders to diversify their portfolios.
  • Real-Time Market Data and Analysis: FBS Trader provides real-time quotes and market analysis tools, helping investors make informed decisions even when they are away from their desktops.
  • Seamless Account Management: The app allows users to manage their accounts, deposit and withdraw funds, and contact customer support directly from their mobile devices.

WebTrader

For those who prefer not to download any software, FBS offers WebTrader platforms for both MT4 and MT5.

The WebTrader platforms provide the same functionality as the desktop versions, but are accessible from any web browser.

This flexibility makes it easy for traders to access their accounts and execute trades from any device with an internet connection.

Account Types

FBS recognizes that traders have diverse needs and financial capabilities, which is why it offers a range of account types to suit different trading styles and experience levels.

Below is a detailed look at the various account types available:

Cent Account

The Cent Account is tailored for beginners or those looking to trade with minimal risk.

This account type allows operating with smaller lot sizes, which makes it easier to manage risk and gain experience without significant financial exposure.

FeatureDetails
Minimum Deposit$1
SpreadsFrom 1 pip
LeverageUp to 1:1000
CommissionNone
Lot SizeMicro lots (1 cent lot)

This account type is particularly useful for testing strategies in a live environment without the pressure of high stakes.

Micro Account

For traders who prefer fixed spreads, the Micro Account offers a level of predictability in trading costs, making it easier to plan and execute strategies.

FeatureDetails
Minimum Deposit$5
SpreadsFixed, from 3 pips
LeverageUp to 1:3000
CommissionNone
Lot SizeStandard lots

Fixed spreads can be particularly advantageous during times of market volatility, where variable spreads may widen unexpectedly.

Standard Account

The Standard Account is designed for more experienced clients who prefer the flexibility of variable spreads without paying commissions on their trades.

FeatureDetails
Minimum Deposit$100
SpreadsFrom 0.5 pips
LeverageUp to 1:3000
CommissionNone
Lot SizeStandard lots

The combination of low spreads and high leverage makes this account appealing to those who seek optimal trading conditions without additional costs.

Zero Spread Account

The Zero Spread Account is ideal for traders who require precise entry and exit points, particularly scalpers who benefit from trading with zero spreads.

FeatureDetails
Minimum Deposit$500
SpreadsFixed at 0 pips
LeverageUp to 1:3000
Commission$20 per lot
Lot SizeStandard lots

While the absence of spreads is a significant advantage, the fixed commission must be factored into the overall trading costs.

ECN Account

The ECN Account is tailored for professionals who require direct access to the interbank market with the best possible prices and execution speeds.

FeatureDetails
Minimum Deposit$1000
SpreadsFrom -1 pip
LeverageUp to 1:500
Commission$6 per lot
Lot SizeStandard lots

With some of the tightest spreads in the industry and a relatively low commission, the ECN Account is designed for high-frequency traders and those who trade large volumes.

Crypto Account

For those interested in the burgeoning cryptocurrency market, the Crypto Account provides access to various digital currencies with competitive trading conditions.

Given the volatile nature of cryptocurrencies, this account type allows people to speculate on price movements with a low barrier to entry.

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Trading Instruments

FBS offers a wide range of trading instruments, allowing traders to diversify their portfolios and explore different markets.

These instruments are spread across several asset classes, including forex, stocks, indices, commodities, and cryptocurrencies.

Forex Trading

Forex trading is at the core of its offerings, with over 40 currency pairs available, including majors, minors, and exotics.

The forex market is highly liquid and operates 24/5, offering ample opportunities to capitalize on price movements.

FBS provides competitive spreads and high leverage on forex pairs, making it a popular choice for currency traders.

Stock Trading

The broker also provides access to a wide range of global stocks, allowing investors to invest in shares of leading companies across various sectors.

Traders can speculate on price movements of stocks listed on major exchanges like the NYSE, NASDAQ, and LSE.

FBS offers competitive conditions for stock trading, with access to both long and short positions, enabling users to profit in both rising and falling markets.

Indices Trading

Indices are a popular trading instrument for those looking to gain exposure to a broad market or sector without having to trade individual stocks.

FBS offers more than 500 global indices, including the S&P 500, NASDAQ 100, FTSE 100, and DAX 30.

Trading indices allows traders to speculate on the performance of a group of stocks, providing a way to diversify risk and capitalize on broader market trends.

Commodities Trading

For traders interested in the commodities market, FBS provides access to various commodities, including precious metals like gold and silver, energy products like oil and natural gas, and agricultural products like wheat and coffee.

Commodity trading offers a way to diversify a trading portfolio and hedge against inflation or economic uncertainty.

Cryptocurrency Trading

Cryptocurrencies have gained significant popularity recently, and FBS offers a platform for traders to participate in this market.

The broker provides access to major digital currencies like Bitcoin, Ethereum, Litecoin, and Ripple.

Cryptocurrency trading comes with competitive spreads and leverage, though the latter is capped at 1:5 due to the volatile nature of these assets.

Spreads and Commissions

Understanding the costs associated with trading is essential for evaluating the value offered by a broker.

FBS is known for its competitive spreads and transparent commission structure, which vary depending on the account type and trading instrument.

Spreads

Spreads are generally competitive, though they vary by account type:

  • Cent Account: Spreads start from 1 pip, offering a balance between low costs and accessibility for new customers.
  • Micro Account: Fixed spreads starting from 3 pips provide certainty in trading costs, which can be advantageous during periods of market volatility.
  • Standard Account: Spreads start from 0.5 pips, making this account type appealing to more experienced traders who seek tighter spreads.
  • Zero Spread Account: Spreads are fixed at 0 pips, offering the most precise pricing for scalping strategies, though the fixed commission must be considered.
  • ECN Account: With spreads starting as low as -1 pip, this account offers some of the tightest spreads in the industry, appealing to high-frequency traders.
  • Crypto Account: Spreads start from 1 pip, which is competitive given the typically higher spreads associated with cryptocurrency trading.

Commissions

While FBS generally does not charge commissions on most account types, the Zero Spread and ECN accounts do incur commissions:

  • Zero Spread Account: A commission of $20 per lot is charged. This fee is relatively high but is offset by the absence of spreads.
  • ECN Account: A commission of $6 per lot is charged. Given the tight spreads on this account, the commission is reasonable and competitive within the industry.

The combination of low spreads and reasonable commissions makes FBS a cost-effective choice for those who value competitive trading conditions.

Leverage

Leverage is a critical tool in trading, allowing traders to control a larger position size with a smaller initial investment.

While leverage can amplify profits, it also increases the potential for losses, making it essential to use leverage responsibly.

Leverage Options by Account Type

FBS offers some of the highest leverage options in the industry, though the available leverage varies by account type:

  • Cent, Micro, and Standard Accounts: Up to 1:3000, offering significant potential for profit but requiring careful risk management.
  • Zero Spread Account: Up to 1:3000, providing high leverage with zero spreads, suitable for scalpers and high-frequency traders.
  • ECN Account: Up to 1:500, offering lower leverage but tighter spreads and faster execution speeds.
  • Crypto Account: Up to 1:5, reflecting the higher risk associated with cryptocurrency trading.

Leverage Comparison Table

Account TypeMaximum Leverage
Cent Account1:3000
Micro Account1:3000
Standard Account1:3000
Zero Spread Account1:3000
ECN Account1:500
Crypto Account1:5

High leverage can be particularly attractive to experienced traders who have a solid understanding of risk management.

However, beginners should approach high leverage with caution and ensure they fully understand the risks involved.

Deposit and Withdrawal Methods

The ease with which traders can deposit and withdraw funds is a crucial factor in choosing a broker.

His platform offers more than 10 payment methods to accommodate its global clientele, ensuring that transactions are as smooth and efficient as possible.

Deposit Methods

FBS supports several deposit methods, catering to the needs of traders in different regions:

  • Bank Transfer: A traditional method available worldwide, though it may take several days to process.
  • Credit/Debit Cards: Major credit and debit cards are accepted, providing a fast and convenient way to fund accounts.
  • E-Wallets: Popular e-wallets like Skrill, Neteller, and Perfect Money are supported, offering quick and secure transactions.
  • Cryptocurrency: FBS accepts deposits in cryptocurrencies like Bitcoin, providing an additional option for traders involved in digital currencies.

Withdrawal Methods

Withdrawal methods are generally the same as deposit methods, with processing times varying depending on the method used:

  • Bank Transfer: Typically takes 3-5 business days.
  • Credit/Debit Cards: Withdrawals are usually processed within 1-3 business days.
  • E-Wallets: Most e-wallet withdrawals are processed within 24 hours.
  • Cryptocurrency: Processing times may vary depending on blockchain network congestion.

Deposit and Withdrawal Fees

FBS does not charge any fees for deposits or withdrawals, though third-party fees (such as those from banks or payment processors) may apply.

The absence of broker-imposed fees is a significant advantage, particularly for those who frequently deposit or withdraw funds.

Deposit and Withdrawal Comparison Table

MethodDeposit Processing TimeWithdrawal Processing TimeFees
Bank Transfer3-5 business days3-5 business daysNo broker fees
Credit/Debit CardInstant1-3 business daysNo broker fees
E-WalletsInstantWithin 24 hoursNo broker fees
CryptocurrencyVariesVariesNo broker fees

The variety of payment methods and the lack of fees make it a flexible and cost-effective choice for traders worldwide.

Customer Support

Effective customer support is a vital component of any brokerage service.

FBS offers comprehensive customer support to ensure that clients can get assistance whenever they need it.

Support Channels

FBS provides several channels through which clients can access support:

  • Live Chat: Available 24/7, live chat is the quickest way to get in touch with the support team. The live chat feature is accessible directly from the website and trading platforms, ensuring that users can resolve issues in real-time.
  • Email Support: For less urgent inquiries, people can contact them via email. The support team typically responds within 24 hours, providing detailed assistance for more complex issues.
  • Phone Support: FBS offers phone support in multiple languages, providing with a direct line to customer service representatives. This option is particularly useful for customers who prefer speaking to a representative rather than typing out their concerns.
  • Social Media: FBS is active on various social media platforms, including Facebook, Twitter, and Instagram, where users can also seek support or stay updated on the latest news and promotions.

Multilingual Support

Given FBS’s global presence, the broker offers support in multiple languages, including English, Spanish, Chinese, Arabic, and more.

This multilingual support ensures that traders from different regions can communicate effectively with the support team, making it easier to resolve issues and get the help they need.

Its commitment to providing 24/7 support in multiple languages makes it a standout choice, particularly for those who need assistance during non-standard hours.

Educational Resources

FBS places a strong emphasis on trader education, providing a wealth of resources designed to help people improve their skills and knowledge.

These educational materials cater to traders of all experience levels, from beginners to advanced professionals.

Webinars and Seminars

FBS regularly hosts webinars and seminars on a wide range of trading topics.

These events are led by experienced users and market analysts, providing valuable insights into technical analysis, risk management, trading psychology, and more.

Webinars are particularly beneficial as they allow to ask questions and interact with experts in real-time.

Video Tutorials

For traders who prefer visual learning, it offers a comprehensive library of video tutorials.

These tutorials cover everything from the basics of trading to advanced strategies and platform navigation.

The videos are designed to be easy to follow, making them an excellent resource for beginners looking to get started with trading.

Articles and E-Books

The FBS website features an extensive collection of articles and e-books that cover various aspects of trading.

These resources are available for free and can be accessed at any time, providing with in-depth knowledge on topics such as forex trading, market analysis, and trading strategies.

Glossary of Terms

Understanding the terminology used in trading is crucial, especially for beginners.

FBS offers a comprehensive glossary of trading terms, providing clear definitions and explanations of commonly used terms.

This glossary is an invaluable resource for new traders who are still familiarizing themselves with the language of the markets.

Economic Calendar

The Economic Calendar is a tool that lists upcoming economic events that could impact the financial markets.

The calendar includes details on central bank meetings, economic data releases, and geopolitical events, helping users stay informed and plan their trades accordingly.

By providing information on key events, the economic calendar allows investors to anticipate market movements and make more informed decisions.

Market Analysis

FBS offers daily market analysis, including both technical and fundamental analysis.

The analysis is provided by experienced market analysts and covers a wide range of trading instruments, including forex, stocks, and commodities.

This analysis is designed to help market participants identify potential trading opportunities and stay updated on the latest market trends.

This company stands out for its comprehensive range of educational resources, particularly its regular webinars and extensive library of video tutorials, making it an excellent choice for traders who are keen on continuous learning.

Promotions and Bonuses

FBS is known for its generous promotions and bonuses, which are designed to attract new clients and reward existing ones.

These promotions can vary by region and may be subject to specific terms and conditions.

Welcome Bonus

FBS offers a Welcome Bonus to new clients, allowing them to start trading with a bonus amount without making an initial deposit.

This bonus is an excellent way for new users to explore the platform and practice trading without risking their money.

The Welcome Bonus typically requires verification of the trading account and is subject to specific withdrawal conditions, such as meeting a certain trading volume.

Deposit Bonus

One of the most popular promotions is the Deposit Bonus, where traders receive a bonus amount based on their deposit.

For example, FBS has offered a 100% Deposit Bonus in the past, effectively doubling the trader’s initial deposit.

This bonus provides additional capital to trade with, increasing their potential for profit.

However, it’s important to read the terms and conditions, as there may be withdrawal requirements associated with the bonus.

Cashback Program

FBS has a Cashback Program that rewards traders for their trading activity.

For each lot traded, customers can receive cashback, which can be withdrawn or used for further trading.

The more active a trader is, the higher the potential cashback.

This program is particularly appealing to high-volume traders who can accumulate significant cashback over time.

Trading Contests

FBS regularly hosts trading contests with attractive prizes, including cash rewards, gadgets, and even luxury cars.

These contests are a fun way for people to test their skills and compete against others in the FBS community.

Contests are usually held on demo accounts, making them accessible to traders of all levels without any financial risk.

Loyalty Program

FBS offers a Loyalty Program where you earn points for your trading activity.

These points can be redeemed for various rewards, such as cash bonuses, gadgets, and even vacation packages.

The more a trader participates, the more points they can earn.

The Loyalty Program is a great way to reward its most dedicated clients.

FBS offers one of the most comprehensive promotional programs in the industry, with a wide range of bonuses and rewards that cater to both new and existing clients.

Security and Privacy

The security of client data and funds is a top priority for any reputable broker.

FBS employs several measures to ensure that its clients’ information and investments are protected.

Data Encryption

It uses 128-bit SSL encryption to secure all data transmitted between the client’s browser and the broker’s servers.

This encryption ensures that sensitive information, such as personal details and financial transactions, remains secure and protected from unauthorized access.

Segregated Accounts

To safeguard client funds, it maintains segregated accounts, meaning that client funds are kept separate from the company’s operational funds.

This practice ensures that client funds are protected in the unlikely event of the broker’s insolvency.

Segregated accounts are a standard requirement for brokers regulated by CySEC and ASIC, providing an additional layer of security.

Regulatory Compliance

As a regulated broker, FBS complies with the rules and guidelines set forth by its regulatory bodies, including CySEC, IFSC, and ASIC.

These regulations impose strict requirements on the broker, including regular audits, financial reporting, and the maintenance of adequate capital reserves.

Compliance with these regulations ensures that FBS operates transparently and with the highest level of integrity.

Two-Factor Authentication (2FA)

FBS offers two-factor authentication (2FA) as an additional security measure for client accounts.

2FA requires traders to provide a second form of verification, such as a code sent to their mobile device, in addition to their password.

This added layer of security helps prevent unauthorized access to client accounts and reduces the risk of hacking.

Its commitment to security is evident in its adherence to regulatory standards and the implementation of advanced security measures, making it a reliable choice for traders concerned about the safety of their data and funds.

Research and Analysis Tools

Access to high-quality research and analysis tools is essential for investors who want to make informed decisions.

FBS provides several tools designed to enhance the trading experience and improve decision-making.

Technical Analysis

FBS offers daily technical analysis on various trading instruments, including forex, stocks, and commodities.

This analysis includes chart patterns, key support and resistance levels, and potential trading opportunities.

Market participants can use this analysis to enhance their trading strategies and improve their market timing.

Fundamental Analysis

In addition to technical analysis, FBS provides fundamental analysis that focuses on the underlying factors that drive market movements.

This analysis covers economic indicators, central bank policies, geopolitical events, and corporate earnings reports.

Fundamental analysis is particularly useful for long-term investors who want to understand the broader market trends.

Market News

Staying updated with the latest market news is crucial for traders who want to react quickly to market changes.

FBS offers a news feed that covers a wide range of topics, including economic data releases, market sentiment, and geopolitical events.

The news feed is regularly updated, ensuring that investors have access to the most relevant information.

Trading Signals

FBS provides trading signals that offer specific entry and exit points for various trading instruments.

These signals are generated by experienced market analysts and can be a valuable tool for those who are looking for

guidance on potential trading opportunities.

The signals are available through their platform and can be used to supplement a trader’s own analysis.

Economic Calendar

As previously mentioned, the FBS Economic Calendar is a tool that lists upcoming economic events that could impact the financial markets.

The calendar includes details on central bank meetings, economic data releases, and geopolitical events, helping people stay informed and plan their trades accordingly.

Mobile Trading

The rise of mobile trading has transformed the way traders interact with the markets, allowing them to manage their portfolios and execute trades from anywhere at any time.

FBS offers several mobile trading solutions to meet the needs of its clients.

FBS Trader App

The proprietary Trader app is designed for clients who want to manage their accounts and execute trades on the go.

The app features a simple and user-friendly interface, making it accessible to traders of all experience levels.

FeatureDetails
Trading InstrumentsForex, stocks, commodities, cryptocurrencies
Real-Time QuotesYes
Account ManagementYes (deposit, withdraw, contact support)
Charting ToolsBasic charting tools and technical indicators
Push NotificationsYes (price alerts, account updates)

The FBS Trader app is particularly useful for traders who need to stay connected to the markets while away from their desktops.

MetaTrader Mobile Apps

In addition to the FBS Trader app, it supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps.

These apps offer the same features as the desktop versions, including advanced charting tools, technical indicators, and the ability to execute trades.

The MetaTrader mobile apps are ideal for those who require more advanced tools and functionality.

FeatureDetails
Trading InstrumentsForex, stocks, commodities, indices, cryptocurrencies
Advanced ChartingYes (multiple timeframes, technical indicators)
Order TypesAll major order types supported
Automated TradingYes (with Expert Advisors on MT4/MT5)
Economic CalendarIntegrated within the app

The MetaTrader mobile apps provide a seamless trading experience, whether traders are using them as their primary platform or as a complement to the desktop version.

Social Trading

Social trading has become increasingly popular as it allows anybody to follow and copy the trades of more experienced traders.

This feature is particularly beneficial for beginners who may not have the time or expertise to develop their own trading strategies.

FBS Copy Trade Platform

Their Copy Trade platform is designed to make social trading accessible and straightforward.

The platform allows users to browse and select from a list of experienced traders, known as “Masters.”

Clients can view the performance history, risk level, and trading strategy of each Master before deciding to copy their trades.

Once a trader selects a Master, their trades are automatically copied in real-time, allowing the trader to replicate their success.

FeatureDetails
Masters AvailableWide range of experienced traders
Performance MetricsDetailed statistics on each Master’s performance
Risk ManagementCustomizable risk settings
Copy Trading FeesFees vary based on the Master’s performance
Real-Time CopyingYes

The Copy Trade platform is user-friendly, making it easy to get started with social trading.

It also includes features that allow traders to customize their risk settings and manage their portfolios effectively.

Benefits of Social Trading

Social trading offers several benefits, including:

  • Learning Opportunity: Social trading provides an opportunity for beginners to learn from experienced traders by observing their trading strategies and decision-making processes.
  • Time-Saving: For those who do not have the time to actively manage their accounts, social trading allows them to benefit from the expertise of others.
  • Diversification: By copying multiple traders with different strategies, users can diversify their portfolios and spread their risk.

Awards and Recognition

Over the years, FBS has earned numerous awards and accolades, reflecting its commitment to providing high-quality services and excellent customer support.

These awards are a testament to the broker’s reputation as a trusted and reliable partner in the global financial markets.

Key Awards

Some of the key awards that it has received include:

  • Best Forex Broker Asia: FBS has been recognized as the leading forex broker in Asia, thanks to its strong presence and localized services in the region.
  • Best Customer Service Broker: This award highlights its dedication to providing top-notch customer support, ensuring that traders have access to the help they need.
  • Best International Forex Broker: Its global reach and ability to cater to people in over 190 countries have earned it recognition as one of the best international brokers.
  • Best Broker in the Middle East: FBS’s tailored services for clients in the Middle East have been recognized with this award, demonstrating the broker’s ability to meet the needs of clients in different regions.

Impact of Awards on Reputation

Awards play a significant role in shaping a broker’s reputation.

They serve as a benchmark for quality and reliability, providing traders with confidence in the broker’s services.

The numerous awards that FBS has received over the years underscore its position as a leading player in the online trading industry and reflect its ongoing commitment to excellence.

Conclusion

FBS has established itself as a leading broker in the online trading industry, offering a comprehensive range of services that cater to traders of all experience levels.

From its diverse account types and competitive trading conditions to its robust customer support and extensive educational resources, FBS provides everything a trader needs to succeed.

The broker’s commitment to security, regulation, and client satisfaction is evident in its global presence and numerous awards.

With high leverage options, competitive spreads, and 3 trading platforms, FBS is well-suited to both beginners and experienced traders.

While its high leverage can be an attractive feature, it is essential for beginners, to use it responsibly.

The broker’s extensive educational resources and research tools can help traders elevate their skills and make informed decisions, further enhancing their trading experience.

In conclusion, FBS is a solid choice for people looking for a reliable and versatile broker with a global reach.

Whether you are a new trader looking to start with a small deposit or an experienced trader seeking advanced trading conditions, FBS has something to offer.

Visit official website: www.fbs.com

FAQ

What is the minimum deposit required to open an account with FBS?

The minimum deposit required to open an account is just $1, making it accessible for traders of all levels.

Is FBS a regulated broker?

Yes, it is regulated by several top-tier regulatory bodies, including CySEC, IFSC, and ASIC.

Does it offer negative balance protection?

Yes, FBS provides negative balance protection, ensuring that clients cannot lose more than their initial investment.

Can I use MT4 and MT5?

Yes, FBS supports both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

What are the spreads like at FBS?

It offers extremely low spreads, with the average cost for EUR/USD being around 0.3 pips.

Does FBS charge any deposit or withdrawal fees?

This broker does not charge any deposit or withdrawal fees, although your payment provider may impose charges.

What payment methods does it accept?

FBS accepts a variety of payment methods including bank transfer, credit/debit cards, Skrill, Neteller, Perfect Money, and Sticpay.

References and Sources

Featured Video

User Reviews

“I’ve been trading with FBS for over a year now, and overall, I’m quite satisfied. The spreads are incredibly low, especially on major currency pairs like EUR/USD, which is fantastic for scalping. The high leverage is a double-edged sword, though—it’s great for maximizing profits, but beginners should definitely be cautious. One minor gripe I have is with the occasional delays in withdrawals, but it’s nothing too serious. Customer support has been helpful whenever I’ve had issues, and they offer plenty of payment options, which makes funding my account really easy. If you’re experienced and know how to handle leverage, FBS is a solid choice.”
Callum N.
“I’m relatively new to trading, and FBS was recommended to me by a friend. The low minimum deposit was a big selling point for me since I didn’t want to risk too much starting out. The trading platform (I use MT4) is user-friendly, and I’ve found their customer service to be pretty responsive. My only concern is that the high leverage can be risky if you’re not careful. I also wish they had more educational resources for beginners like me. But overall, my experience has been positive, and I’d recommend it to others who are new to forex trading.”
Isla R.
“FBS has been a reliable broker for me for the past couple of years. The spread on EUR/USD is extremely low, which suits my trading style perfectly. I use both MT4 and MT5, and the execution speeds are very impressive. I also like that they don’t charge any fees for deposits or withdrawals, which is a big plus. One thing I think they could improve on is the variety of educational tools—they seem a bit limited compared to other brokers. However, their customer support is top-notch and always available when I need assistance. It is definitely one of the better brokers out there, in my opinion.”
Finn A.
“Trading with FBS has been a mixed experience for me. On the one hand, I love the low spreads and the fact that they offer both MT4 and MT5 platforms. However, I’ve experienced some delays with withdrawals, which was frustrating. Their customer service is good, but I felt they could have been a bit more proactive in resolving my issue. The leverage is great, but as others have said, it’s really something you need to be careful with, especially if you’re not very experienced. Overall, I think it is a decent broker, but there’s definitely room for improvement.”
Esme P.
“I’ve been using FBS for a few months now, and I’m quite impressed with their services. The spreads are some of the lowest I’ve seen, and I’ve had no issues with trade execution. I appreciate the variety of payment methods they offer, which makes managing my account hassle-free. The only downside for me has been the lack of educational resources—I feel like they could do more to support traders who are still learning the ropes. That being said, their customer support is very responsive, and they’ve been able to help me out whenever I’ve had questions. I’d recommend it, especially for those who already have some experience.”
Arlo S.

Article written, edited and reviewed by

Adam Rosen

Adam Rosen

Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

Andrew Blumer

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
Back in the day, he schooled at Belmont Hill School in Belmont, MA. Then, he took a swing at Harvard College, bagging a BA degree in economics. And that wasn't enough for him – he also nailed an MBA from Harvard Business School in '98.
But hold on, there's more to this financial nerd.
Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
Oh, and did we mention? He's the manager of Brokfolio's website and an expert in online brokers. So, if you're diving into the world of trading, Andrew's your go-to guy.
For more on his financial escapades, head over to his LinkedIn profile. Trust us, his journey is worth a read!

Emily Clark

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
As our team grew, Emily's role blossomed big time. She became the go-to rockstar, an absolute must-have player in our squad, making our growth story rock.
Emily's work ethic? Oh, it's like a caffeine-fueled engine, chugging away with laser-sharp precision. Seriously, without her juggling skills, our growth wouldn't have hit turbo mode.
But here's the cool part – Emily isn't just words and commas. She's got this uncanny radar for brokers and trading know-how. It's like she's got insider info on these money-making worlds.
Currently Emily's holding the senior editor crown, keeping tabs on content from our awesome team.

Last updated: September 19, 2025

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• Earn up to 5.2% interest on your
GBP, USD and EUR uninvested funds.
• Invest in Stocks and ETFs
without commissions.
• Largest stock exchange-listed broker.
• Regulated with +20 years in the market.
• Free deposits and withdrawals.
• Investment plans available.